Evercore ISI Maintains Outperform Rating for Bank of America
Bank of America (NYSE:BAC) faced a rocky road back in 2024 as analysts at Evercore ISI kept the Outperform rating but held firm on a price target of $46. You could feel the desks fidgeting, wondering if those numbers were enough to stave off a meltdown. NII Growth: A Wishy-Washy Forecast? The net interest income (NII) projections for BofA didn’t inspire confidence...
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